Do you have clients who are dedicated to working on behalf of a charity? Although they may go out of their way to support their favorite cause, they may not be getting a tax deduction for the blood, sweat and tears they expend.

Accountants and CPAs are in the middle of the industry’s hottest season, and staying above the stress in a time of relative chaos can be a challenge to say the least. Long hours, looming deadlines and mountains of data can drive people to the edge ...

Generate more sales and get paid faster with Sage Mobile Sales. This tablet app gives your sales team all the information they need to close a sale at a customer site. Quotes, orders, and payments are automatically linked to your Sage ERP system. You...

As you’re working through federal income tax returns of clients during the home stretch, you hold a veritable ace up your sleeve: the IRA contribution. For clients who qualify, a contribution made by the tax return due date – April 15, 2015 for ...

It's no fun for tax professionals to fix client mistakes during an already busy tax season, so here are a few helpful tips you can pass along to your household employment clients to keep them on the right path year-round.

The deal to bring together the two companies, each more than a century old, was engineered by Warren Buffett's Berkshire Hathaway and Brazilian investment firm 3G Capital. The two will invest another $10 billion in the new company.

Promising to abolish the Internal Revenue Service is a good talking point for political candidates who are looking to fire up the Republicans' most conservative voters. It's also unlikely to ever happen, no matter how easy folks such as Sen. Ted Cruz...

Minnesota's Senate Majority Leader Tom Bakk said Tuesday that he and House Speaker Kurt Daudt will push for $2.8 million in additional tax relief sought by Super Bowl organizers for the 2018 game in Minneapolis.

A state Senate committee Monday unanimously approved an overhauled bill that would levy an 80 percent sales tax on snuff, chewing tobacco, small cigars, loose tobacco and electronic cigarettes, with one company saying it would cripple Hawaii's ...

This is no April Fool’s joke: After a taxpayer reaches age 70½, he or she must begin taking required minimum distributions (RMDs) from traditional IRAs and qualified retirement plans, like a 401(k), by April 1 of the following year. And then the ...

Legitimizing the widespread adoption of digital currencies such as Bitcoin and Ripple, Libra, makers of bitcoin tax-accounting service LibraTax, today announces the release of two new services to help businesses and CPAs account for digital currency ...

From regular meet-ups with colleagues to social media, executives of accounting firms have many avenues when it comes to connecting with others and enlarging their circles. Read on for 10 tips on how to get the most out of your networks.

Months after lawmakers around Texas arrived in Austin clamoring for business tax cuts, a handful of them gathered in a modestly sized meeting room and demonstrated the unusual turn the debate has taken.

Looking for ways to improve business deductions? Has your building undergone renovations recently? Have you replaced building components such as HVAC units, roofing, lighting systems? Have you or your CPA firm considered capturing the deductions ...

The AICPA has submitted a letter on March 19 to the Internal Revenue Service (IRS) and the Department of the Treasury recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.